Utilitarianism is a philosophical theory, first developed by Jeremy Bentham

Indicate whether the statement is true or false


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Although making untrue statements (white lies) to preserve harmony is probably universal, the extent of its use is probably higher in ______ cultures.

A. high-context B. implicit C. collectivist D. individualist

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In states that are signatories to the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards, foreign arbitral awards can be enforced only if they are first converted into a judicial judgment in the state where the

arbitration was heard. Indicate whether the statement is true or false

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What is the importance of placing the words "order" or "bearer" on an instrument?

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In the context of balance sheets, assets such as machinery, building, and equipment have a limited useful life, so accountants subtract _____ from the original value of these assets, to reflect the fact that these assets are being used up over time.

A. deferred income B. bequest value C. accumulated depreciation D. laid-down cost

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